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Live Updates  >  Live Update Details

2026-09-22 00:00:11

[Turkey Considers Consolidating Fund Assets to Repay Investors] A source familiar with the matter revealed that Turkey is considering consolidating the assets of over 100 funds frozen by regulators last week to create an asset pool. The official stated that this plan is still in its early stages and may change in the future. Last week, a crisis in the fund industry triggered a wave of defaults, impacting the market. Against this backdrop, the Turkish Capital Markets Commission ordered the liquidation of 131 funds. These liquidated funds held over $18 billion in investments, involving approximately 350,000 investors.

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